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Which of the following describes an effect of the free enterprise system during the 20th century?

It contributed to globalization by encouraging companies to develop new shipping and communications technologies.


What factors contributed to economic globalization during the twentieth century?

Transportation advances. It made things easier for people and goods to move quickly as well as cheaply


Explain the response to laissez-faire economics during the nineteenth century?

Explain the response to laissez- faire eonomics during the nineteenth century


When did the service-based economy began?

The service-based economy began to take shape in the late 20th century, particularly during the 1970s and 1980s, as industrial economies shifted towards services such as finance, healthcare, and technology. This transition was driven by advances in technology, globalization, and changes in consumer preferences. By the early 21st century, many developed countries saw a significant portion of their GDP and employment coming from the service sector, marking a notable departure from traditional manufacturing-driven economies.


What is the connection between industrialization and globalization?

Industrialization and globalization are closely interconnected, as the former laid the groundwork for the latter. The rise of industrialization in the 18th and 19th centuries led to increased production capabilities and the need for new markets, prompting countries to engage in international trade. This expansion of trade networks facilitated the exchange of goods, ideas, and technologies across borders, leading to the globalization we see today. Additionally, advancements in transportation and communication during industrialization have further accelerated global interconnectedness.

Related Questions

How did the free enterprise system contribute to the globalization during the 20th century?

. It drove companies to produce new shipping and communications technologies. …


Which of the following describes an effect of the free enterprise system during the 20th century?

It contributed to globalization by encouraging companies to develop new shipping and communications technologies.


What factors contributed to economic globalization during the twentieth century?

Transportation advances. It made things easier for people and goods to move quickly as well as cheaply


How does globalization contribute with pandemics?

Globalization contributes to the spread of pandemics by facilitating the rapid movement of people, goods, and information across borders. Increased travel and trade make it easier for infectious diseases to spread to different parts of the world quickly. Additionally, interconnected supply chains can lead to disruptions in the production and distribution of essential medical supplies during a pandemic.


What happened in Enterprise Mississippi?

Many bodies were buried in Enterprise, Mississippi after the battle of Shiloh during the Civil War.


In what century was the jetsons set in?

In the 23rd century. The sequel spin-offs, The Next Generation, Deep Space 9 and Voyager were set in the mid-late 24th century The prequel Enterprise was set in the mid-22nd Century.


How did social instability during the early 20th century contribute to the development of Cubism?

Answer this question… It convinced Cubists that new art styles were needed to depict the modern world.


What are are some effects of globalization?

A negative effect of globalization is that immigrants may be blamed during hard economic times. In the 2014 elections, many far right parties were elected to the EU.


During which century did the year 1645 occur?

During the 17th century.


During which century did the year 1945 occur?

During the 20th century.


What were some positive and negative effect of globalization during the Pursuit if Wealth?

The positive effect of the pursuit of wealth during the world overview times was that the United States in the wealtiest country with better health care.The negative effect of the Pursuit of Wealthh During globalization, is the countries that have a lot of population, have a lot of pollution also.


How do you assess the performance of Indian Economy during the initial yeras of Globalization since 1991?

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